Tag: "Radioio Inc."
Terrible News: Clear Channel Managers Slashing Another 5%. Numerous reliable sources throughout the radio industry are saying Clear Channel Media + Entertainment market managers are under the gun to find another 5% of their budgets they can trim to come into compliance with the corporate dictate. What was rumored just a week or so ago appears to be true and as positions at CC-owned stations are eliminated over the coming weeks and months we’ll see what departments are going to feel it the most. Regular readers of TALKERS are aware of the on-air positions that have been cut and industry watchers say some of the most obvious solutions in the programming departments at stations are: double-duty for talk hosts (two shows per day), voice tracking multiple dayparts for jocks, and the importation of national shows such as Bobby Bones for country outlets and Elvis Duran for CHR stations, which greatly reduces the money spent on morning shows.
Bubba the (Country) Love Sponge? No name change is impending but Florida-based hot talk star Bubba the Love Sponge is reporting success as morning show host at Asterisk Communication’s country duo WTRS-FM, Dunnellon and WYGC, High Springs “My Country” in the Ocala and Gainesville markets, respectively. Bubba reports he’s thankful to station management for taking a chance on his show on a country outlet. His Bubba Radio Network reports “WTRS-FM moved from 12th to 4th place with Men age 25-54, an all-time high for the station. Bubba was very excited and thankful that women have taken to his program so well. ‘You ladies get what’s hot and new and we love you for that.’ The Bubba the Love Sponge syndicated morning show also proudly reports it currently ranks top three Men 25-54 and top five Persons 25-54 in all markets it currently airs. Bubba expresses interest in working with additional program directors to bring his program to country and urban format stations.”
SCBA Reports 6.3% Revenue Surge in December. The latest figures from Miller Kaplan Arase are giving the Southern California Broadcasters Association reason to cheer and the organization announces the Los Angeles radio market “enjoyed a robust 6.3% growth rate for the month of December 2013.” SCBA president Thom Callahan states, “December was a great month for our region as we were finally out from under the political comps from 2012 and the market flexed its true revenue muscles as only Southern California Radio can. All key revenue segments posted impressive gains: local and national spot combined was up 3.6%; digital posted an impressive 20.7% gain; and NTR/network was up 19.6%.” For the 12 months ending December 2013, total market revenue growth was 1%, according to Miller Kaplan Arase. Callahan says he’s more optimistic about the region than the 1% hike indicates. “In our view, our real growth rate for 2013 was 4.4%, when factoring out 2012’s huge political revenue of $20.5 million. It’s more than fair to deduct those comps, which are never a true indicator of market growth or the health of our business. Political revenue on a YTD basis is not an apples to apples comparison. As any station will tell you, it’s impossible to replace $20.5 million in 12 months, yet these incomplete YTD revenue comparisons continue. These lopsided revenue reports help feed the misguided narrative that radio is a legacy medium, and nothing, I repeat nothing, is further from the truth.”
New York Market Boasts 6% Revenue Hike in 2013; 5% in December. On the Right Coast, the New York Market Radio Association reports that not only was its December up – 5.3% for all revenue – the year was way up over 2012 notching a 6% increase in total revenue. The NYMRAD says for the month of December 2013, total revenues, including total spot, digital, and network/NTR/other, were up 5.3%. For the 12 months ending December 2013, market growth was up across all sectors: +5.6% for local spot, +5.1% for national spot, +5.5% for total spot and +6.0% for grand total market revenue. NYMRAD executive director Debbie Beagan comments, “New York radio is healthy, vibrant, and strong. Advertisers and their agencies are investing in our medium and utilizing radio’s audio, online, mobile, and social platforms to reach engaged and loyal listeners. The robust revenue results for the 2013 and December position the market well as we head into 2014.”
Sabo: HD Radio Is Going to Explode. In a new opinion column posted today (1/16) in TALKERS, noted consultant Walter Sabo makes eight predictions pertaining to the radio industry for 2014. They include his prognostication that it will be a good year for HD based on iBiquity’s claim of 16 million automobile installs, stating “HD is radio’s best real estate grab for the connected dash.” He also comments on the immediate future of websites and social media as well as the difference between corporate debt and personal debt. To read Sabo’s entire piece, please click here.
Creative Advisory Council Scholarship Winner Announced. The Berlin School of Creative Leadership and Clear Channel Media + Entertainment are announcing Sam Bergen, SVP and creative director of Deutsch Inc., is the winner of the Berlin School’s “Clear Channel Scholarship for Leadership in Audio Innovation” program. Bergen will receive a full-tuition scholarship (worth 53,000 Euro) to attend the Berlin School’s prestigious Global Executive MBA in Creative Leadership Program starting in March of this year. The Berlin School and Clear Channel’s recently formed Creative Advisory Council (CAC), featuring advertising thought leaders who focus on the development of innovative approaches to the audio and out-of-home media landscape, reviewed over 40 entrants from more than 20 countries around the world, based on their professional and academic profile, as well as their response to a special essay question about innovative audio strategies. Berlin School of Creative Leadership founding president Michael Conrad states, “We are pleased to welcome Sam Bergen into our Executive MBA program. Focused on leading radio and audio commerce to the forefront of media thinking, the Berlin School-Clear Channel scholarship drew an amazing amount of high-quality applications from around the world. We were extremely impressed by the caliber of applications as well as the many compliments applicants had of our young school. We thank Clear Channel for this exciting and collaborative opportunity.” CC’s Bob Pittman adds, “Driving education and awareness on the value audio advertising offers is a key initiative for us. We are proud to work with the Berlin School and our new Creative Council to award this scholarship to the audio industry’s next creative innovator. Sam Bergen distinguished himself among a very elite group of applicants and I am confident that with his continued development at the Berlin School, Sam will be a trailblazer on the media landscape for both audio and out-of-home.”
Digital Pure Play Radioio Takes RDIO Stock Ticker in Post-Merger Organization. The digital music service Radioio – operated by Radioio Inc. – is being traded under the new stock ticker RDIO on the OTC market. The merger resulted in the company’s name being changed from ioWorldMedia, Incorporated to Radioio, Inc. In a statement, the company’s board of directors says it believes that the name change is consistent with the direction of the company. President and CEO Zach McAdoo says, “Radioio is a marquee name and brand of great distinction.” He added that RDIO is a fitting ticker symbol for the company’s new name.
Deadline for Newhouse School’s ’14 Mirror Awards is February 14. The Newhouse School of Public Communications at Syracuse University’s ’14 Mirror Awards is accepting entries through February 14. The Mirror Awards competition for “media covering media” – established in 2006 by the Newhouse School – “honor the reporters, editors and teams of writers who ‘hold a mirror to their own industry’ for the public’s benefit. They are the most important awards for recognizing excellence in media industry reporting.” The competition is open to anyone who conducts reporting, commentary or criticism of the media industries in a format intended for a mass audience. Eligible work includes print, broadcast and online editorial content focusing on the development or distribution of news and entertainment. All entries must have been published or broadcast between January 1 and December 31, 2013. Entries are evaluated based on three criteria: Excellence of craft; framing of the issue; and appropriateness for the intended audience. Winners are chosen by a group of journalists and journalism educators. An awards ceremony will be held in June 2014 in New York City. For more information, click here.
Chris “Mad Dog” Russo to Host History of New York NFL Championship Games Special. For those who are critical of the NFL’s decision to locate the Super Bowl in chilly New York (okay, New Jersey) this year, some may not be aware that this will not be the first championship that ever took place in the New York area. SiriusXM’s Chris “Mad Dog” Russo will host “Deep Freeze: A History of NFL Championship Games in New York,” a special broadcast to air first on Tuesday, January 21 with encore airings to follow. Special guests on the program will include NFL greats Frank Gifford, Paul Hornung, Jerry Kramer, Raymond Berry, plus more. The three-hour special will focus in-depth on four of the most memorable championships in NFL history – played in 1934, 1956, 1958 and 1962.
Obama Executive Order Threat, Chris Christie Scandal, ObamaCare Criticism, GOP IRS Investigation Push, New Mexico School Shooting/Indiana Grocery Slayings, and ‘Duck Dynasty’ Returns Among Top News/Talk Stories Yesterday (9/15). The statement from President Obama about using executive orders to accomplish his administration’s goals; the aftermath of New Jersey Governor Chris Christie’s lane closure scandal; criticism of the implementation of the Affordable Care Act; the effort by GOP members of Congress to investigate the process by which the IRS is being scrutinized for allegedly targeting conservative organizations; the school shooting in New Mexico and the double murder at a grocery store in Indiana; and the debut of the new season of “Duck Dynasty” were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS.